Folks, bear with us. We’re told President Obama is actually about 10 minutes away. Keep it here and we’ll give you updates when he arrives and starts talking. Should be a great conversation here in DC today.

As usual with these live blogs, we’ll bring you updates about other salient things happening. The Dow Jones Industrial Average is up 12 points at last check. For more, check out our live blog on the stock market, here.

The points Obama is listing — for example, about U.S. energy production and the U.S. auto industry’s rebound — will be familiar to anyone who’s heard him speak lately. The Q&A should be more interesting.

Obama is listing what he says are some of the successes of his health-care law, including rebates to some consumers. And he says cost hasn’t been talked about a lot. In fact, over the last three years, health care costs have grown at the lowest pace in 50 years, he says.

Democrats and Republicans are “fighting inside the 40-yard line” compared to politics in other countries, Obama says. He also scoffs at people calling him a socialist. You ought to meet “real socialists” he says.

What we’re suggesting on Iran is, let’s test the proposition that we can resolve this over the next 6 months, Obama says. He repeats the U.S. maintains “all options” about preventing Iran from getting nuclear weapons.